Virtual session
01-02 Apr 2024
10:00 AM - 4:00 PM
Singapore Standard Time
Virtual session
17-18 Jun 2024
7:00 AM - 1:00 PM
Pacific Time
Virtual session
31 Sep-01 Oct 2024
9:00 AM - 1:00 PM
Central European Time
01-02 Apr 2024
10:00 AM - 4:00 PM
Singapore Standard Time
17-18 Jun 2024
7:00 AM - 1:00 PM
Pacific Time
31 Sep-01 Oct 2024
9:00 AM - 1:00 PM
Central European Time
Course Summary
In this comprehensive course, we delve into the world of energy grids, storage technologies, battery economics, value streams, and real-world case studies. Over the course of two days, we will uncover the key elements that form the backbone of the modern energy landscape.
Day 1: Understanding The Grid and Energy Storage Technologies
2.1 Grid Fundamentals
The energy grid is the lifeline of our modern world. It ensures that electricity flows seamlessly from power generation sources to our homes and industries. In this section, we will explore the fundamentals of the grid, its importance, the challenges posed by intermittent power generation, and the basics of transmission. Understanding the grid is crucial for comprehending the energy landscape's complexities.
2.2 Electricity Market
The electricity market is a dynamic space where power is bought and sold. We will discuss the intricacies of wholesale power markets, the various products and services traded within them, and even delve into grid defection economics, where users explore alternatives to being solely dependent on the grid.
2.3 Storage Technologies
Energy storage is a pivotal aspect of the modern energy landscape. This section covers various energy storage methods, including chemical, electrochemical, electrical, mechanical, and thermal energy storage. Understanding these technologies is essential for maximising the potential of energy storage solutions.
2.4 Battery Economics
Batteries play a significant role in energy storage. We will address factors that influence battery economics, such as system size, costs, efficiency, and lifetime. A deep dive into these factors will provide valuable insights for those considering energy storage solutions.
Day 2: Value Streams, PPA, and Case Studies
3.1 Value & Revenue Streams
Day 2 is dedicated to uncovering the value and revenue streams that energy storage solutions offer. We will highlight the numerous benefits for end-users, utilities, and system operators. These benefits include demand charge reduction, capacity firming, and investment deferral, making a strong case for energy storage adoption.
3.2 PPA and Risk Assessment
Power Purchase Agreements (PPA) are essential in the world of energy storage. In this section, we examine performance guarantees, warranties, control rights, and the financial aspects of battery projects. An in-depth look at PPAs and risk assessment is crucial for ensuring the success of energy storage projects.
3.3 Case Studies
The best way to understand the real-world applications of energy storage is through case studies. We will offer insights into various energy storage projects worldwide, including projects in the United States, Chile, Indonesia, and more. These case studies will showcase the practicality and benefits of energy storage solutions.
Conclusion
This comprehensive overview has taken you through the fundamentals of the energy grid, various storage technologies, battery economics, and the value streams of energy storage. With real-world case studies, you've gained valuable insights into the practical applications of these technologies. Energy storage is not just a buzzword; it's a game-changer in the energy industry.
Virtual Sessions
All our courses are available virtually using MS Teams & Zoom platforms. Kindly refer to our 2024 calendar for dates & time zones
£
900
Classroom Sessions
All our classroom sessions are held in different cities around the world. Kindly refer to our 2024 calendar for dates & locations
£
1,900
Courses held in the UK are subject to VAT
All our courses are available In-House and can be tailored to your specific needs. If you are interested in having this course In-House either in your office or in any location of your choice, please complete the form below and one of our advisors will be in touch with you shortly.
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